State of Wisconsin Investment Board cut its position in Southwestern Energy Company (NYSE:SWN) by 68.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,708 shares of the energy company’s stock after selling 233,140 shares during the quarter. State of Wisconsin Investment Board’s holdings in Southwestern Energy were worth $643,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Whittier Trust Co. grew its stake in shares of Southwestern Energy by 2.4% in the second quarter. Whittier Trust Co. now owns 71,533 shares of the energy company’s stock valued at $435,000 after buying an additional 1,701 shares in the last quarter. UBS Oconnor LLC grew its stake in shares of Southwestern Energy by 294.0% in the first quarter. UBS Oconnor LLC now owns 857,670 shares of the energy company’s stock valued at $7,007,000 after buying an additional 640,014 shares in the last quarter. BlackRock Inc. grew its stake in shares of Southwestern Energy by 2,582.8% in the first quarter. BlackRock Inc. now owns 31,270,589 shares of the energy company’s stock valued at $255,479,000 after buying an additional 30,105,011 shares in the last quarter. Ngam Advisors L.P. grew its stake in shares of Southwestern Energy by 75.0% in the first quarter. Ngam Advisors L.P. now owns 42,849 shares of the energy company’s stock valued at $350,000 after buying an additional 18,370 shares in the last quarter. Finally, Comerica Bank grew its stake in shares of Southwestern Energy by 0.8% in the first quarter. Comerica Bank now owns 152,631 shares of the energy company’s stock valued at $1,171,000 after buying an additional 1,149 shares in the last quarter. 89.57% of the stock is owned by institutional investors and hedge funds.

Shares of Southwestern Energy Company (SWN) opened at 5.18 on Monday. The firm’s market cap is $2.58 billion. Southwestern Energy Company has a 12-month low of $5.00 and a 12-month high of $15.42. The stock’s 50 day moving average price is $5.44 and its 200-day moving average price is $6.62.

Southwestern Energy (NYSE:SWN) last issued its earnings results on Thursday, August 3rd. The energy company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by $0.08. The firm had revenue of $811 million for the quarter, compared to analyst estimates of $810 million. Southwestern Energy had a positive return on equity of 25.19% and a negative net margin of 9.46%. The business’s revenue for the quarter was up 55.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.09) EPS. On average, analysts predict that Southwestern Energy Company will post $0.55 earnings per share for the current fiscal year.

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Several equities analysts recently weighed in on the stock. Royal Bank Of Canada set a $10.00 target price on shares of Southwestern Energy and gave the company a “hold” rating in a research note on Saturday, June 10th. Scotiabank set a $9.00 target price on shares of Southwestern Energy and gave the company a “hold” rating in a research note on Saturday, July 1st. BidaskClub raised shares of Southwestern Energy from a “strong sell” rating to a “sell” rating in a research note on Tuesday, June 27th. Barclays PLC reissued a “hold” rating and issued a $6.00 target price on shares of Southwestern Energy in a research note on Friday, July 7th. Finally, BMO Capital Markets reissued a “buy” rating and issued a $8.00 target price on shares of Southwestern Energy in a research note on Tuesday, June 27th. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $12.33.

Southwestern Energy Company Profile

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

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Institutional Ownership by Quarter for Southwestern Energy (NYSE:SWN)

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